577 Ontario Street, St. Catharines | Image 1

577 Ontario Street

St. Catharines

  • Commercial

$1,799,000
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Service Related

  • Zoning: R1

  • Age: 51-99 years

  • Taxes: 18787.88

  • MLS®#: X9297339

  • Days on Site: 106 Days

  • Added: Sep 03, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX NIAGARA REALTY LTD.

Attention Investors and Medical Professionals! Discover this stunning 10,000 sq ft mixed-use residential and commercial property on the edge of Port Dalhousie, just minutes from the QEW. The property features three spacious residential units that open to a peaceful ravine, occupied by excellent tenants and offering ample storage space. Unit 1 is a 1,900 sq ft two-story townhouse with 3 bedrooms. Unit 2 is a 1,451 sq ft 2-bedroom apartment, and Unit 3 is a 1,133 sq ft 1-bedroom + den apartment. There is significant upside potential as all current rents are below market value. The commercial section includes a 3,100 sq ft multi-disciplinary health clinic with a reception area, 8 clinical/treatment rooms, 2 washrooms, and a kitchen. Additionally, the property has a versatile 1,000 sq ft heated garage space currently rented out. This income property is an investor's dream with tremendous growth potential. Don't miss out on this fantastic opportunity - it won't last long!

Property

  • Status: Sale

  • Type: Service Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 51-99

  • Area: St. Catharines

  • Availability Date: Anytime

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 11

Fees

  • Tax Year: 2024

  • Taxes: $18,788

  • Taxes Type: Annual

Land

  • Cross Street: Sparkes St.

  • Municipality District: St. Catharines

  • Parcel Number: 461880737

  • Sewer: San+Storm

  • Lot Depth: 132.07 Feet

  • Lot Frontage: 99.93 Feet

  • Zoning: R1

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Rail: N

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 10066

  • Total Area Metric: Sq Ft

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Lot

  • Survey: Y

  • Building Percent: 100

  • Financial Statement: Y

  • LLBO: N

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